How to Raise the Value of your Housesubmitted on 14 October 2014
The housing market is unstable at best. Nobody knows whether in the next year or two house prices will plummet or soar, and that’s because there are conflicting statistics being bandied around. It looks like we are all going to have to stay on the safe side and make sure our houses will make us as much money as possible if we decide to sell.
Get Rid of that Garage!
However, if you genuinely use that garage for your car, continue. Most people, though, just store random rubbish in their garages and so it’s space that has gone to waste. Turn it into living space, or maybe a bedroom, you’ll be glad when you do, because when it comes to selling you’ll make a lot more money than if you kept it. Most properties have driveways and space on the road for parking and so it’s not always necessary to keep hold of it.
The same goes with the loft. Convert it, it’s going to waste if you’re just storing mouldy old pictures and Christmas decorations up there.
Fancy a Dip?
Pools. This is one addition you’ll love (however, be warned, you might not actually want to move out once you get your own pool). Go to a site like compass-pools.co.uk the swimming pool builders and think about adding a pool to your house. You could even convert your garage into an indoor pool? People will pay a lot extra to get a house with a snazzy pool.
People in Glass Houses…
Build a conservatory. Now, I understand that many of you might not have the room for both a pool and a conservatory, but that doesn’t matter as both of them will add value to your house. The best tip for building a conservatory is for it fit the style of the rest of your house. Have wide doors that lead into it so that is feels like the room flows and maybe include the same flooring and decoration throughout. Doing this will make sure it doesn’t feel like something stuck on the end of the house to add value…
You could even turn your conservatory into a pool house…
A Little TLC
This one is obvious, but maybe so obvious that people will overlook it (it’s also the cheapest aspect of this article). Make the house presentable, it will encourage buyers to compete for prices as you will get more interest in the property. Give the outside a lick of paint; make sure the windows are clean and new; the doors need some paint; and sand away the chips and dog scratches, etc.
Have to Spend Money to Make Money
You will have to spend quite a lot to increase the value of your home. Look at it this way, say you pave over your front lawn if you live in an urban area. The paving might cost £10,000 perhaps, but that could add up to £50,000 onto your house if you live in the right area. So, there you have it: you have to spend (a lot) of money to make (even more) money.
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